Children’s Simplified Issue Whole Life Insurance Quotes

Simplified issue whole life insurance for children only requires you to answer 2-5 health questions. Also, the insurer will not request any of the child’s medical records. In most cases, if all health questions are answered “no”, the application is approved instantly.

Age$10,000$25,000$40,000$50,000
0-4$5$10$15$19
5-9$5$12$19$23
10-14$6$14$22$27
15-17$8$18$28$35
Source for monthly prices: Choice Mutual child life insurance calculator. Rates are unisex, rounded to the nearest dollar, and valid as of 08/04/2026.

 

Children’s Participating Whole Life Insurance Quotes

Participating whole life policies have an enhanced cash value accrual rate compared to normal whole life insurance plans. Furthermore, they have the potential to pay dividends, as shown in these cash value charts.

Keep in mind that participating whole life policies A) often have minimum coverage amounts of $25K-$100K and B) require full underwriting, in which you answer many health questions, and the insurer typically orders the child’s medical records.

Age$25,000$50,000$100,000$150,000
1$12$24$42$60
2$14$25$44$62
3$15$26$46$66
4$16$27$48$69
5$17$28$50$72
6$18$29$52$75
7$18$30$55$79
8$19$32$57$83
9$20$33$60$86
10$20$34$62$90
11$21$36$65$94
12$22$37$68$98
13$22$39$71$103
14$23$40$74$107
15$24$41$77$112
16$25$43$80$117
17$26$45$84$122
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.
Age$25,000$50,000$100,000$150,000
1$18$30$53$77
2$19$31$55$80
3$19$32$58$83
4$20$33$60$87
5$20$35$63$91
6$21$36$66$95
7$22$37$68$99
8$23$39$71$104
9$23$40$74$108
10$24$42$77$113
11$25$43$81$118
12$26$45$84$122
13$26$47$87$127
14$27$48$91$133
15$28$50$94$138
16$29$52$98$144
17$30$54$102$150
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.

 

Children’s 10-Pay Whole Life Insurance Quotes

10-pay whole life insurance policies only require payments for 10 years. After that time, the policy reaches a “paid-up” status. At this point, no further premiums are required, and the policy remains in force forever.

Age$25,000$50,000$100,000$150,000
1$35$67$125$186
2$36$69$128$191
3$37$71$132$197
4$38$72$136$202
5$38$74$139$208
6$40$77$144$215
7$41$80$149$223
8$42$82$154$230
9$44$84$159$237
10$45$87$164$245
11$46$90$170$253
12$48$93$175$261
13$49$96$180$269
14$51$99$186$277
15$52$101$191$285
16$53$102$193$289
17$53$103$196$293
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.
Age$25,000$50,000$100,000$150,000
1$40$77$143$214
2$41$79$148$220
3$42$81$152$227
4$43$83$156$233
5$44$85$160$239
6$46$88$166$248
7$47$96$172$257
8$49$97$178$266
9$50$98$184$275
10$52$101$190$283
11$53$104$196$293
12$55$107$202$302
13$57$111$208$311
14$58$114$215$321
15$60$117$221$330
16$61$120$227$340
17$63$123$233$349
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.

 

Children’s 20-Pay Whole Life Insurance Quotes

20-pay whole life policies require premiums for 20 years. After 20 years of premiums, the policy becomes paid up and remains active forever without requiring any subsequent premiums.

Age$25,000$50,000$100,000$150,000
1$20$37$68$101
2$20$38$70$104
3$21$39$72$107
4$21$40$74$110
5$22$41$76$113
6$23$42$79$116
7$23$44$81$120
8$24$45$83$124
9$24$46$86$127
10$25$48$88$131
11$26$49$91$135
12$26$50$93$139
13$27$52$96$143
14$28$53$99$147
15$28$54$101$151
16$30$57$105$157
17$31$59$109$163
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.
Age$25,000$50,000$100,000$150,000
1$22$42$78$116
2$23$43$80$119
3$23$44$82$122
4$24$45$84$125
5$25$47$87$128
6$25$48$89$133
7$26$50$93$138
8$27$51$96$142
9$28$53$99$147
10$29$55$102$151
11$29$56$105$156
12$30$58$108$161
13$31$60$111$166
14$32$61$115$171
15$33$63$118$176
16$34$65$122$182
17$35$67$126$187
Source for monthly rates: Internal Choice Mutual Quote Calculator. Quotes are rounded to the nearest dollar, and are valid as of 08/04/2026.

 

Children’s Universal Life Insurance Quotes

Age$25,000$50,000$100,000$150,000
1$21$30$46$63
2$21$30$47$65
3$22$31$48$66
4$22$31$49$67
5$22$31$50$69
6$22$32$51$70
7$23$32$52$72
8$23$32$52$72
9$23$33$54$75
10$23$34$55$76
11$24$34$56$78
12$24$35$58$81
13$24$36$59$82
14$25$36$60$84
15$25$37$61$85
16$25$37$62$87
17$26$38$64$90
Rates are rounded to the nearest dollar, and are valid as of 08/03/2026.
Age$25,000$50,000$100,000$150,000
1$22$32$51$70
2$23$32$52$72
3$23$33$53$73
4$23$33$53$73
5$23$33$54$75
6$23$34$55$76
7$24$34$56$78
8$24$34$56$78
9$24$35$58$81
10$25$36$60$84
11$25$37$62$87
12$25$37$62$87
13$26$38$64$90
14$26$39$66$93
15$26$40$67$94
16$27$40$68$96
17$27$42$71$100
Rates are rounded to the nearest dollar, and are valid as of 08/03/2026.

 

What You Need To Know About High Coverage Children’s Life Insurance Quotes

If you want to buy life insurance for children in amounts above $100,000, there are specific requirements you must satisfy. Regardless of which company you buy from, expect the following:

  • Speak with an agent (no online applications).
  • Provide your children’s medical records.
  • Answer lots of health questions.
  • Parents must have a sufficient household income to justify the extensive coverage on the children.
  • Parents must have sufficient life insurance on themselves.

 

Frequently Asked Questions

How much children’s life insurance will cost depends on multiple factors. At a minimum, the cost will be based on the amount of coverage, the type of policy, the child’s age, and gender (some companies have unisex rates). Keep in mind that some companies, such as Globe Life, price coverage based on an age-band system. That means kids of a certain age, such as 1-5, all pay the same rate. Lastly, there are circumstances in which the child’s health history could affect the quote. It depends on the company and product you’re applying for. For example, a child with asthma likely won’t be declined, but may be charged a higher price.

Mutual of Omaha children’s life insurance is often the least expensive option if you’re seeking $50,000 or less in coverage. Globe Life is similarly priced to Mutual of Omaha, so it’s another competively priced option to consider. Once you reach coverage amounts above $100,000, it’s nearly impossible to pinpoint the cheapest company because numerous variables determine the net price. In that case, it’s highly advisable to compare offers from 3-5 companies to determine which offers the best value.

Yes, life insurance companies typically allow grandparents to buy life insurance for their grandchildren. For those that do, parental consent is not required. That means the grandparent can legally buy the policy without involving the grandchild’s parents. Keep in mind that life insurance companies generally allow grandparents to purchase “simplified issue” policies with coverage of $100,000 or less. Generally, life policies for children with coverage above $100K can only be purchased by the child’s parents.

Anthony Martin
Anthony Martin
Choice Mutual CEO & Writer
Author
  • Nationally licensed life insurance agent with over 16 years of experience.
  • Personal annual production that puts him in the top .001% out of all life insurance agents in the nation.

Anthony Martin is a nationally licensed insurance expert with over 16 years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.

Jeff Root
Jeff Root
Life Insurance Expert, Choice Mutual Fact Checker
Editor
  • Nationally licensed life insurance agent with over 20 years of experience
  • Best selling Amazon author.

Jeff Root is a nationally licensed life insurance expert with over 20 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.

David Duford
David Duford
Life Insurance Expert, Choice Mutual Fact Checker
Editor
  • Nationally licensed life insurance agent with over 15 years of experience
  • Best selling Amazon author of five insurance sales books.

David Duford is a nationally licensed insurance expert with over 15 years of experience. He has personally helped more than 1,500 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest YouTube channels to help aspiring insurance agents serve their clients better.

Jeff Root
Jeff Root
Life Insurance Expert, Choice Mutual Fact Checker
Editor
  • Nationally licensed life insurance agent with over 20 years of experience
  • Best selling Amazon author.

Jeff Root is a nationally licensed life insurance expert with over 20 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.

David Duford
David Duford
Life Insurance Expert, Choice Mutual Fact Checker
Editor
  • Nationally licensed life insurance agent with over 15 years of experience
  • Best selling Amazon author of five insurance sales books.

David Duford is a nationally licensed insurance expert with over 15 years of experience. He has personally helped more than 1,500 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest YouTube channels to help aspiring insurance agents serve their clients better.

Article Published
Today